If a property deed is in all 4 children’s names along with their mother’s, could the state came back and could we inherit her debt if she has to go to a nursing home?

She is on Medicare right now.

Asked on February 14, 2013 under Estate Planning, Colorado

Answers:

Victor Waid / Law Office of Victor Waid

Answered 7 years ago | Contributor

The state could look to your mother's share of the property if it has value, exceeding medical limits. I would suggest you other four buy your mother out at fair market value to rid yourself of any exposure to her potential liability.


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